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400 E Spencer Avenue, Wildwood - ACTIVE

$3,200,000

Beds:      /
Half Baths:    /  
Type: Commercial/Industrial    /
MLS: 252840   /
DOM: 19 Days

DESCRIPTION

Rare offering in the heart of Wildwood a well-maintained beach block property featuring an expansive parking lot with capacity for 80 100 cars plus a 3-bedroom, 2-bath year-round apartment with living room and kitchen. The apartment roof has been recently replaced, and the property has been kept in excellent condition, providing immediate rental income and strong holding potential. This site presents unlimited possibilities for developers and investors. Continue to operate the parking lot as a steady cash-flowing business while exploring plans for a future redevelopment project. Its location on the east side of Ocean Avenue offers direct proximity to the boardwalk, beach, and all of Wildwood s attractions ideal for condos, multifamily residences, boutique lodging, or mixed-use concepts. With fabulous growth and redevelopment opportunities in Wildwood, this property is perfectly positioned for both short-term returns and long-term vision. Don t miss one of the last true beach block parcels of this size an opportunity with endless potential.

AMENITIES

  • Heating:Electric   
  • Heating:Solar   
  • Heater:Electric  
  • Conventional  
  • 220 Volt Electricity  
  • Living Space Available  
  • Smoke/Fire Alarm  
  • Storage  
  • Cooling:Wall Air Conditioning  
  • City  

PROPERTY LOCATION / MAP
Last Database Update://10/15/2025 01:30:21

Broker ReciprocityListing Courtesy of HOFFMAN AGENCY.
© South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Keller Williams Jersey Shore are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing.
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400 E Spencer Avenue, Wildwood
For Sale: $3,200,000 /MLS: 252840
Bed: | Bath:| Half Baths: | LOT:100x200 DOM:19
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